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$SUI Leads $324.7 Million Token Unlocks This Week The cryptocurrency market will see $324.70 million in token unlocks over the next seven days, with $SUI leading the cliff unlocks at $203.49 million. According to data from Tokenomist, this week’s token unlocks include both cliff and linear releases, with Solana $SOL continuing to head linear unlocks at $10.56 million per day. $SUI leads cliff token unlocks SUI is leading this week with $203.49 million worth of tokens scheduled for release. This makes up 2.0% of its total supply. SUI has already unlocked 30.7% of its total token supply. Crypto token unlocks scheduled for this week. Source: Tokenomist. Other major token unlocks include Optimism $OP ), with $34.44 million worth of tokens (1.9% of supply) and Ethena ($ENA ) releasing $20.00 million (1.5% of supply). ZetaChain (Z $ZETA ) follows with $13.63 million in unlocks, which is 6.4% of its supply. While AltLayer ($ALT ) prepares to release $10.57 million worth of tokens. This affects 9.4% of its circulating supply. The schedule also includes dYdX ($DYDX ) unlocking $6.24 million (1.1% of supply) and Sleepless AI (AI) releasing $4.64 million. AI’s unlock will include 13.9% of its total supply. Solana leads linear unlocks Solana $SOL is leading linear unlocks, with daily releases of $10.56 million in tokens. The daily emission puts SOL’s weekly unlock value at approximately $73.92 million. However, this accounts for just 0.10% of its total supply. Following SOL, Worldcoin ($WLD ) schedules $6.22 million in daily unlocks. This totals around $43.54 million for the week. Celestia ($TIA ) releases $3.49 million daily, while Dogecoin ($DOGE ) follows with $3.21 million in daily unlocks. The linear release schedule continues with MANTRA ($OM ) at $3.18 million per day, Bittensor ($TAO ) releasing $3.06 million daily, and Avalanche (AVAX) with $2.37 million in daily unlocks. As per the data, the total linear unlocks for the week amount to $58.04 million across multiple protocols. Less popular token unlocks According to CoinMarketCap data, several smaller market capitalization projects like TENET Protocol (tene) prepare to release 29.18 million tokens worth $49,429. This constitutes 2.43% of its locked supply. The project shows 57.59% completion in its unlock schedule. Crypto tokens scheduled for unlock this week. Source: Coinmarketcap. GT Protocol (GTAI) plans to unlock 2.33 million tokens valued at $557,340, adding 3.11% to its circulating supply. Radworks $RAD ) approaches the final stages of its distribution with 98.44% unlock progress. The project prepares to release 1.56 million tokens worth $1.33 million. Next on the list is Hibiki Run ($HOT ), with a release of 37.42 million tokens ($1,525) with a 35.90% of its unlock schedule completed. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with $DEFI in our upcoming webclass. Save Your Spot

On-chain data shows Binance has facilitated withdrawals for millions worth of ETH and SOL in the past 24 hours of trading, what could this mean? According to data from Arkham Intelligence, Binance’s holdings has seen a surge in activity in the past day of trading, specifically regarding its Ethereum (ETH) and Solana (SOL) holdings. The largest crypto exchange by daily trading volume has ignited a buzz in crypto trading discourse online when users detected major activity on Binance’s hot wallet. According to on-chain data, in the past few hours Binance’s hot wallet off-loaded at least 103,570 SOL, or equal to $16.32 million according to current market prices. In the past day, Solana has gone down by nearly 8%. SOL is currently trading hands at $157.58, slipping below $160 for the first time since October 2024. UPDATE: This post was updated from "selling" to "withdrawing" after further research.The withdrawals may be due to the market maker removing liquidity or buying $SOL from the order books — Solid Intel 📡 (@solidintel_x) February 24, 2025 You might also like: CZ and Yi He respond to ‘Binance being sold’ rumors Many traders mistook Binance’s hot wallet activities as the exchange selling its holdings through market maker Wintermute, when in fact an analyst on X pointed out that it was actually Wintermute withdrawing millions of Solana from Binance’s holdings. “As far as I understand it, this actually means that Wintermute is withdrawing SOL from the Binance Hot Wallet account, likely after purchasing it from the order books,” said Vini Barbosa, Editor for Finbold and AllianceDAO member in his recent post. On the other hand, Binance has also reportedly sold around 25,000 ETH between 8:00 AM and 10:00 AM UTC, with the selling price at the time being approximately $3,200 per ETH. This means the exchange has traded away $80 million of its Ethereum holdings. The token swaps were addressed mainly to Symbolic Capital Partners and Wintermute. Shortly after, Ethereum’s price dropped by 3.5%. At the time of writing, ETH has gone down by nearly 4% and is trading hands at $2,683. Another account, MartyParty, said Binance was “flushing” TRUMP (TRUMP) tokens, claiming the exchange sold 4.7% of their $1 billion-valued TRUMP holdings. However, it was later discovered that the exchange had not sold any TRUMP tokens, instead the value of their holdings plummeted from $1 billion to around $850 million due to the drop in TRUMP price by more than 7%. Read more: Wintermute aims to offer crypto products in the U.S. What could Binance’s token ‘sell-off’ mean? On one hand, it may mean that these tokens are in high demand as major market makers like Wintermute are withdrawing or staking tokens from Binance’s hot wallet, which means they are either removing liquidity or buying SOL and ETH from the order books. On the other hand, the fact that Binance is willing to part ways with these assets means the exchange could be rebalancing its portfolio. This means that Binance is adjusting exposure to certain assets, thus reducing risks associated with volatile tokens or preparing to reallocate their funds to more secure assets. As a result, investors and traders may interpret the move as an indication that Binance expects upcoming market turbulence, which could influence liquidity and trading volumes for the aforementioned tokens. This action might help prevent potential price manipulation or sharp drops during high-pressure periods. Moreover, removing millions in token value from Binance’s active trading environment can reduce liquidity. This reduction might lead to wider spread and more pronounced price swings on the platform, affecting overall market sentiment and potentially triggering further adjustments among other market participants. You might also like: Binance to delist AirDAO, Clover and others on Feb. 24

Non-KYC centralized exchange eXch has denied accusations that it’s laundering funds from the Bybit hack on behalf of the Lazarus Group. This was in response to social media accusations that it had moved over $30 million from the exploit. eXch’s Response In a Feb. 23 announcement posted on the Bitcointalk forum, the eXch team said it is “Not laundering money for Lazarus/DPRK.” Before the statement, blockchain investigator ZachXBT had alleged in a February 22 Telegram post that eXch processed $35 million of the stolen funds and mistakenly sent 34 ETH worth $96,000 to another exchange’s hot wallet. Other analysts and blockchain security firm SlowMist also reported that eXch received ETH from wallets associated with the Bybit incident. Nick Bax, a member of the Security Alliance white hat hacker group, estimated that the platform handled about $30 million for North Korea on that day. SlowMist further claimed that a significant amount of ETH had been converted into other cryptocurrencies on eXch. In response, the exchange dismissed the accusations as a “targeted FUD attack” and clarified that the transaction in question was not linked to them. However, the team acknowledged that a small portion of the stolen funds had entered their platform but maintained that it was an isolated case and the only transaction from the incident processed by eXch. The team also criticized ZachXBT, labeling his statements as unfounded and advising the community to verify information from credible sources instead of relying on amateur researchers. CZ’s Solution The Bybit hack is now the largest crypto theft in history, with attackers stealing more than $1.4 billion after gaining control of the exchange’s Ethereum multisig cold wallet. Meanwhile, Binance founder Changpeng Zhao (CZ) has advocated for withdrawal pauses following the incident. In a February 21 post on X, the former executive commented: “Not an easy situation to deal with. Might suggest to halt all withdrawals for a bit as a standard security precaution. Will provide any assistance if needed. Good luck!” However, there have been concerns that this solution would cause panic. Addressing the criticism, Zhao clarified that his recommendation was based on experience and intended to ensure system integrity. The Binance founder shared an example from 2019, when his exchange temporarily suspended withdrawals following a $40 million hack, later observing more deposits than withdrawals once operations resumed. However, he emphasized that every situation required a judgment call and expressed confidence in Bybit CEO Ben Zhou’s handling of the crisis. He also commended his transparency and calm response, contrasting it with the crisis management approaches of other CEOs, such as those at WazirX and FTX. The post Crypto Exchange eXch Denies Laundering Bybit Hack Funds for Lazarus Group appeared first on CryptoPotato.

🟡A crypto millionaire is stirring the pot with a bold claim, saying investors should steer clear of Solana $SOL and Ripple $XRP for now. Instead, the focus is shifting to an altcoin priced below $0.05 that’s catching fire in the crypto market. That token is Mutuum Finance (MUTM), a decentralized lending project currently in its presale phase. As of February 21, 2025, Mutuum Finance (MUTM) has raised $1,143,097.25, boasts 2,420 holders, and sits at  $0.015 per token. This news comes as the project enters its second presale phase, signaling strong demand from early buyers. 🟡So, what’s driving this shift away from established names toward this low-cost altcoin? The answer lies in the numbers and the promise of what’s ahead. While Solana and Ripple hold their own, Mutuum Finance (MUTM) offers a rare chance at a 300% profit at launch, when the token goes live in the open market at $0.06. In addition, MUTM is set to hit $1, a 66x surge post-listing, making it a hot topic among traders. 🟡This advice isn’t just chatter. It’s rooted in the reality of Mutuum Finance (MUTM)’s presale success. Investors are jumping in early, drawn by the project’s practical use and clear growth path. Unlike speculative bets, this altcoin ties into a working decentralized finance ecosystem that’s already showing traction. Let’s break down why this millionaire is waving off Solana and Ripple and pointing to Mutuum Finance (MUTM) as the one to watch.

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